of trek treasury, robert rubin, paul o'neill, one a democrat, one a republican. we'll talk about the fiscal cliff, how to avoid falled over it and once we solve that problem how we get the rest of the u.s. house in order. >>> then an exclusive inthor view with bill gates, the richest man in the united states and the world's biggest philanthropist. i'll get his thoughts on the president's re-election, on the new innovation economy, and the revolution taking place in education. >>> and why the next foreign policy crisis for the world's number one power might well involve the world's number two power. but first here's my take. now that president obama has won re-election, the debate in washington has shifted from whether we should raise taxes to how and by how much. this makes sense. with a deficit over a trillion dollars, we will need a combination of increased tax revenues and spending cuts. the president and his allies including robert rubin have made the case that eliminating deductions simply will not get you enough money. you will actually have to raise tax rates. that's proba